Metrospaces (OTC: MSPC) Signs Agreement For Crown Electrokinetics Corp. (NASDAQ: CRKN) To Install Its Smart Window Inserts In MSPC’s Newly Acquired Houston Office Building Beginning In Q1 2022; CRKN’s Smart Windows Are De-signed To Reduce Energy Costs, Carbon Emissions And Represents CK’s First Commercial Agreement
Metrospaces (OTC: MSPC) and Crown Electrokinetics Corp. (NASDAQ: CRKN) have signed an agreement for CRKN to install its patented Smart Window Inserts, designed to reduce energy costs and carbon emissions, in the recently acquired Houston building by MSPC. PropTech leader MSPC said the Smart Glass Inserts are designed to cut energy costs by 26%. For CRKN, this agreement represents its first commercial agreement with installation beginning in Q1 2022. MSPC is a leader in the PropTech real estate — which combines world class real estate development with cutting edge smart technology.
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Metrospaces (OTC: MSPC) Signs Agreement For Crown Electrokinetics Corp. (NASDAQ: CRKN) To Install Its Smart Window Inserts In MSPC’s Newly Acquired Houston Office Building Beginning In Q1 2022; CRKN’s Smart Windows Are Designed To Reduce Energy Costs, Carbon Emissions And Represents CK’s First Commercial Agreement
CRKN plans to install some 450 Smart window Inserts powered by DynamicTint™ patented hi tech dynamic product in the 70,000 sq. ft. Houston office building recently acquired by MSPC. Metrospaces (OTC: MSPC) Signs Agreement For Crown Electrokinetics Corp. (NASDAQ: CRKN) To Install Its Smart Window Inserts In MSPC’s Newly Acquired Houston Office Building Beginning In Q1 2022; CRKN’s Smart Windows Are Designed To Reduce Energy Costs, Carbon Emissions And Represents CK’s First Commercial Agreement.
Oscar Brito, CEO of MSPC, said, “MetroSpaces is thrilled to work with Crown Electrokinetics and be among the first commercial building owners to receive its Smart Window Inserts powered by DynamicTint™(which has a portfolio of patents). With our deep emphasis on prop tech, we’ve looked at almost all of the smart glass solutions in the marketplace and have chosen to work with Crown because of its entirely unique approach of putting smart glass technology into a window insert.
“In our first building, this should help MetroSpaces lower energy usage with an attractive payback period. This is the sort of high-end connected services we’ll be looking to install in all of our buildings,” Brito said.
Doug Croxall, Chairman and CEO of Crown, said, “Whenever you’re bringing a new technology to market, as Crown is doing in smart glass, you first have to collaborate with innovators in the space, and that’s why we’ve entered into this agreement. MetroSpaces is an innovator working towards our shared vision of how commercial buildings should operate, both in terms of tenant comfort and also lowering carbon emissions.” Metrospaces (OTC: MSPC) Signs Agreement For Crown Electrokinetics Corp. (NASDAQ: CRKN) To Install Its Smart Window Inserts In MSPC’s Newly Acquired Houston Office Building Beginning In Q1 2022; CRKN’s Smart Windows Are Designed To Reduce Energy Costs, Carbon Emissions And Represents CK’s First Commercial Agreement.
He added, “Achieving this milestone with MetroSpaces paves the way for our larger prospective customers to follow this path. We look forward to a successful first installation and long-term customer relationship to rollout in additional MetroSpaces buildings.”
The new smart glass to be installed by Crown into MSPC’s Houston’s commercial building is designed to transition in seconds between clear and dark. Tests show it can save some 26% of energy costs and reduce carbon emissions. For MSPC, it is precisely the kind of high tech material it plans to install in all of its PropTech properties.
The commercial building in Houston, just acquired by MSPC with 50.6% equity on advantageous terms, will become a prime example of how PropTech can become profitable in commercial properties short term and long term and in this new environment. In international residential co-living, MSPC’s project in the Dominican Republic — the first of three phases is now underway — illustrates how new construction can succeed in the PropTech eco-world.
The MSPC ‘Infinity View Villas’ development in partnership with Inarchi Architects in the Dominican Republic is targeting as clients tech-nomad remote professionals and stay-cationers for these luxury living facilities.
Rather than simply a concept or forward thinking, PropTech is already here and MSPC is offering the industry solid examples of how it can offer global investors, 3rd party owners and owner/developers of multi-family residential buildings new ways to invest and hold asset value through tokenization. Chain of custody in assets ensures all parties are aware that all agreements are executed precisely and properly. This builds confidence in the entire process, which is efficient. The platforms created by Shokworks — which also co-created Cryptobucks, the cryptocurrency processing app — work efficiently, and MSPC illustrates precisely how.
MSPC has spotted and embraced the newest trends in commercial buildings and co-living preferences in residential real estate. The world has already changed — from electric cars to digital currency — and now traditional real estate owners have to join to thrive. Metrospaces (OTC: MSPC) Signs Agreement For Crown Electrokinetics Corp. (NASDAQ: CRKN) To Install Its Smart Window Inserts In MSPC’s Newly Acquired Houston Office Building Beginning In Q1 2022; CRKN’s Smart Windows Are Designed To Reduce Energy Costs, Carbon Emissions And Represents CK’s First Commercial Agreement.
Two of MSPC’s key PropTech projects are:
Metrohouse Co-Living is tapping into one of the strongest trends for millennials and GenZ in residential living — co-tenants sharing a turn-key hi tech facility in a desired urban area. This is more than about paying a reduced share of total rent. It is also about creating an eco-environment of like minded professions — sometimes ‘nomad’ technical workers who can work anywhere. After a prolonged COVID-19 lockdown, potential co-living participants can now enjoy and live in a safe environment they seek in a community they desire.
Metrocrowd Tokenization is a platform for buildings offered to world class real estate principals on the platform. To these tokenized held assets, MSPC plans to offer profitable and unique assets on the new platform. One example case study may be the MSPC-recently acquired $3.85 million Houston office building.
Both projects illustrate the impact of its new blockchain-driven platforms, enabling JV partners, principals, third-party developers to participate. MSPC can be a principal-to-assets company with tokenized assets on a crypto platform. Oscar Brito, in partnership with Shokworks, is applying the new platform to transform the real estate industry.
Learn more about MSPC at metrospaces.com, http://metrospaces.com/
www.metrospaces.io Learn more about Crown Electrokinetics Corp. (NASDAQ: CRKN) at https://www.crownek.com/
Source: Stock Market Press
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